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AMP agrees to talks in BOLR class action despite appeal
Financial Services 2023-10-04 3:19 pm By Christine Caulfield

AMP and a group of financial advisers in a class action over changes to the firm’s buyer of last resort policy have agreed to another round of mediation, even as the wealth manager appeals a judge’s liability finding.

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Ex-Greenwoods partner asks High Court to weigh in on whistleblower protections
High Court 2023-10-04 11:25 pm By Cat Fredenburgh

A former Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about Lendlease’s attempts to avoid tax liability has asked the High Court to overrule a judgment finding recent changes to whistleblower protections do not apply retrospectively to cover his claims.

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Law firm dropped from Sydney light rail class action
Class Actions 2023-10-04 2:22 pm By Cindy Cameronne

The law firm on record for a class action over the Sydney Light Rail has been dropped by the lead plaintiffs and replaced by class action boutique Banton Group after the firms’ relationship broke down while running the case together. 

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United Petroleum says class action firm can’t ‘veto’ chats with group members
Franchises 2023-10-04 9:50 pm By Sam Matthews

United Petroleum, which is facing a franchisee class action over allegedly loss-making Pie Face stores, is resisting a plaintiff law firm’s bid for “a right of veto” over the petrol giant’s communications with group members, even those not represented by the firm.

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Crypto gambling site Stake.com fights TM suit over Aussie launch
Intellectual Property 2023-10-04 2:02 pm By Cindy Cameronne

Global cryptocurrency and gambling website Stake.com is fighting to strike out claims in a lawsuit by Sydney-based online investment platform Stake over a planned Australian launch.

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ASIC takes aim at payday lenders after court found they can’t dodge Credit Act
Financial Services 2023-10-03 11:37 pm By Cat Fredenburgh

The corporate regulator has again initiated proceedings against Gold Coast-based BHF Solutions and Cigno for allegedly providing credit without a licence after the lenders failed to convince the Full Court that their services fell outside the scope of the Credit Act.

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PFAS class action member faces opt out hurdle after $22M settlement
Class Actions 2023-10-03 1:44 pm By Cindy Cameronne

A resident of the Wreck Bay Aboriginal Community has been granted more time to decide whether he wants to bring a late bid to opt out of a class action after a $22 million settlement over PFAS contamination was approved, but a judge has warned he will face a high bar. 

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Court hands win to Boehringer in fight over Zoetis vaccine patents
Intellectual Property 2023-10-03 11:51 pm By Sam Matthews

German drug maker Boehringer has prevailed in its Federal Court fight against US rival Zoetis over the validity of three patents covering pig vaccines.

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ASIC appeals partial loss in case against funeral insurer
Appeals 2023-10-03 11:31 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has filed an appeal after a judge ordered ACBF Funeral Plans to pay $1.2 million for misleading its First Nations customers, less than one-fifth of what the regulator sought.

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Consolidated Downer EDI class action carries the day
Class Actions 2023-10-02 3:18 pm By Sam Matthews

Two law firms that were able to “work cooperatively” to join their cases have been awarded carriage of a shareholder class action against mining firm Downer EDI. The judge overseeing the proceedings also approved a group costs order application that proposed a “reasonable rate” of return to the firms.

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